Item 2.02. Results of Operations and Financial Condition.

EQT Corporation ("EQT") expects to report a total gain on derivatives for the three months ended December 31, 2022 of $907 million and a total loss on derivatives for the year ended December 31, 2022 of $4,643 million.

In addition, for the three months and year ended December 31, 2022, EQT expects to report $1,255 million and $5,928 million, respectively, of net cash settlements paid on derivatives.

The dollar amounts included in this Current Report on Form 8-K are preliminary and subject to change. Final dollar amounts for the three months and year ended December 31, 2022 will be reported in EQT's Annual Report on Form 10-K for the period ended December 31, 2022 or in the corresponding earnings release that EQT plans to issue in connection with releasing its fourth quarter and year-end 2022 financial and operating results.

The information contained in this Current Report on Form 8-K shall not be deemed "filed" for purposes of Section 18 of the Securities and Exchange Act of 1934 (the "Exchange Act"), or otherwise subject to the liability of such section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, regardless of the general incorporation language of such filing, except as shall be expressly set forth by specific reference in such filing.

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